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Snowflake ( (SNOW) ) has provided an update.
On July 2, 2025, Snowflake Inc. held its Annual Meeting of Stockholders, where key decisions were made regarding the company’s governance structure. Stockholders approved the elimination of Class B common stock and the renaming of Class A common stock to ‘Common Stock,’ effective immediately after filing with the State of Delaware. Additionally, the election of Class II directors was confirmed, while a proposal to declassify the board was not approved. The meeting also saw the ratification of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending January 31, 2026.
The most recent analyst rating on (SNOW) stock is a Hold with a $130.00 price target. To see the full list of analyst forecasts on Snowflake stock, see the SNOW Stock Forecast page.
Spark’s Take on SNOW Stock
According to Spark, TipRanks’ AI Analyst, SNOW is a Outperform.
Snowflake’s overall score reflects strong technical momentum and positive earnings call sentiment, indicating confidence in its strategic initiatives. However, high valuation metrics and profitability challenges present risks that need careful management.
To see Spark’s full report on SNOW stock, click here.
More about Snowflake
Snowflake Inc. operates in the technology industry, primarily focusing on cloud-based data warehousing services. The company offers a platform that enables customers to consolidate data into a single source, allowing for advanced analytics and data sharing across organizations.
Average Trading Volume: 4,900,842
Technical Sentiment Signal: Buy
Current Market Cap: $72.06B
Learn more about SNOW stock on TipRanks’ Stock Analysis page.